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A good-news, bad-news sort of day for the civil transport company.
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Brazil's Embraer is a key aerospace competitor of Bombardier.
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But currency traders could defeat the proposed border tax.
Brazil says Canadian taxpayer help for Bombardier is incompatible with global trade rules.
Many of the promises -- increased productivity, more jobs, more money in our pockets -- have simply not come true. This is ironic because, as free trade agreements become toxic all over the world, Canada, a country bound by a long-standing trade deal, has not had a comprehensive debate on the proposed CETA (trans-Atlantic) or TPP (trans-Pacific) agreements.
Much attention is paid to the fact that, like its predecessors, the Paris Agreement is "toothless" because it isn't backed up by an enforcement mechanism. This pessimism is understandable. Without clear and binding targets, how can any of the signatories be assured that their sacrifices will lead to meaningful emissions reductions? How can they know that the potentially difficult transition towards renewable energy will be a shared burden? The bad news is that the Paris Agreement is unlikely to introduce strict targets or develop an enforcement mechanism in the foreseeable future.
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WASHINGTON - It's now harder for Americans to find out where their beef or pork was born, raised and slaughtered. After more than a decade of wrangling, Congress repealed a labeling law last month tha...
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Repeal of country-of-origin labelling a victory for Canadian meat exporters.
WASHINGTON — The Canadian government isn't satisfied by the latest step taken by U.S. lawmakers to avoid a continental trade war.The government said a bill introduced today in the U.S. Senate falls sh...
WASHINGTON — Dozens of countries have agreed to abolish duties on more than 200 technology products — from advanced computer chips to GPS devices, printer cartridges and video-game consoles.The agreem...
Canada's agriculture minister says time is running short for the U.S. to avoid trade tariffs over its discriminatory meat labelling laws.Gerry Ritz said if Washington doesn't change its country of ori...
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Controversial U.S. rules that requires meats’ country of origin to be labelled are behind the Canadian government’s threats of a trade war that could result in higher food prices. Following a World Tr...
Canada has won a battle in an ongoing trade dispute with the United States over meat-labelling laws that have hurt the beef and pork industries. The World Trade Organization released a ruling Monday t...
GENEVA - Canada's northern development minister says it was wrong for the World Trade Organization to uphold a European Union ban on seal products based on moral grounds.Leona Aglukkaq says she made t...
Stability, peacefulness, politeness and a welcoming atmosphere go a long way when considering a nation in which to settle down and raise a family. When you are contemplating flinging free on vacation, those qualities aren't as enticing. So, what do you do if you need to become more attractive? Here are some thoughts.
We haven't heard much out of the World Trade Organization since 2005, when the US government decided to continue subsidizing corporate farms rather than forge a global trade deal. Yet the WTO machinery keeps grinding on -- and grinding poor countries down.
TORONTO - The federal and Ontario governments are reviewing a ruling by the World Trade Organization that made-in-Ontario provisions of the province's green energy laws contravene international guidel...
On top of the generalized global interest about Argentina's move to nationalize its largest energy company YPF, the majority owner of which had been the Spanish energy company Repsol, there is a special local twist as the Mexican President Felipe Calderón has been particularly critical of Argentina's move calling it "very regrettable."
Given the European Union's occasionally expressed but steady desire to define their role in the world apart from the United States, and given the eurozone's relative weakness right now, a close relationship with China may be seen as the only non-U.S. alternative for them to pursue.
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BEIJING, China - China stepped up its criticism Tuesday of a proposed U.S. law to punish countries with artificially low currencies, saying there would be serious repercussions for the world's two big...
Dalton McGuinty's Green Energy Act has failed to provide the thousands of high value jobs he has spent the last two years claiming it would and Canada's reputation as a free trader is being challenged by important members of the global community. But sadly, it's Ontarians who will clean up the mess.
By Tom Miles GENEVA (Reuters) - The pursuit of austerity measures and deficit cuts is pushing the world economy toward disaster in a misguided attempt to please global financial markets, the annual r...